Investors Group Completes Financing

On March 5, 2003, Winnipeg-headquartered Investors Group Inc. sold $150 million of 6.58 per cent unsecured debentures with a 15-year maturity and $150 million of 7.11 per cent unsecured debentures with a 30-year maturity to an underwriting syndicate led by BMO Nesbitt Burns Inc. and Merrill Lynch Canada Inc., and including CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., National Bank Financial Inc. and Casgrain & Company Limited.

Investors Group was represented by in-house counsel Terry Wright, Q.C., and by Blake, Cassels & Graydon LLP with a team that included Alan Bell, David Valentine and Shannon O’Hearn. Stikeman Elliott LLP acted for the underwriting syndicate, with a team that included Rob Nicholls and Sean Vanderpol.